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Whalley Road, Clitheroe BB7

West Midlands

£280,000

Listed on 06/06/2026

Property Details

Bedrooms
4
Type
Land

Description

This significant stone building, dating back to the early to mid-1800s, presents a noteworthy investment opportunity. With planning permission already secured for four duplex apartments on the first floor and two commercial units on the ground floor, this property is poised for transformation. The ground level will accommodate two commercial units, with Unit 1 offering approximately 756 Sq. Ft and Unit 2 at around 655 Sq. Ft. On the first floor, there are plans for four residential duplex apartments: one larger two-bedroom unit measuring 661 Sq. Ft and three additional one-bedroom apartments at about 550 Sq. Ft each. The site also includes an outdoor area at the back featuring four parking spaces, enhancing its appeal for both residential and commercial tenants. Prior work has been done to facilitate development, including asbestos removal and applications submitted to meet planning conditions, streamlining the renovation process. Additionally, an adjacent property is listed for sale separately, which could be acquired alongside this building to expand your investment potential further.

Investment Analysis

(BB7 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BB7)

Area prices are falling by -10.6% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on BB7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Whalley Road, Clitheroe BB7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,058
Based on a loan of £210,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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